Madrid, Jul 13: Midfielder Asier Illarramendi has signed a six-year contract with Real Madrid and been presented as its latest summer acquisition.
The 23-year-old Illarramendi completed his transfer from Real Sociedad after passing a medical exam with Madrid's team doctors earlier on Saturday.
Madrid paid Illarramendi's buyout clause of 32 million euros ($42 million) and another 6 million euros ($8 million) in taxes on Friday to secure his release from the Basque club.
Illarramendi helped Sociedad earn a Champions League berth for this season and was part of Spain's under-21 European champion side this summer.
He joins fellow under-21 teammates Francisco “Isco” Alarcon and Daniel Carvajal as Madrid's reinforcements this offseason for new coach Carlo Ancelotti.